12 CAP with full occupancy.


Property

Website:https://www.nestseekers.com/5423631
Address:
143 Putnam
Hartford, CT 06106
Ownership: Commercial
Type: Commercial
Bathrooms: 6
Area: 6099 sq ft

Financials

Price:$575,000
Annual Taxes:$16,010

Description

12% CAP with full occupancy. Rare opportunity to acquire a six-unit multifamily on a prominent corner lot in Frog Hollow, featuring a strong unit mix of spacious 2- and 3-bedroom layouts, each approximately 1,000 SF. Units have been updated with a range of improvements including hardwood flooring in select units, renovated kitchens and baths, and updated paint and fixtures. The property is serviced by gas heat (owner paid), while tenants are responsible for gas hot water, cooking, and separately metered electricity. The building offers limited off-street parking at the rear (tandem configuration), with ample on-street parking available. Well-positioned for tenant demand, the location provides immediate access to Downtown Hartford, Trinity College Athletic Fields, and Hartford Hospital, along with convenient proximity to major highways, public transportation, and neighborhood retail and dining.

Amenities

  • Elementary School -
  • Gutters
  • High School -
  • Intermediate School -
  • Lighting
  • Sidewalk
  • Window Unit

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Amanda Faroni-Sheehan of Oxford Realty